Gapping down
In reaction to disappointing earnings/guidance: GPRO -26.4%, (lowers Q4 guidance; will cut workforce by ~7%; SVP of Entertainment resigns, takes Board seat), PSG -15.6%, BBY -8.6%, SAR -3.5%, ATML -3.1%, WTR -1.9%
Select EU related names showing weakness with the DAX -2%+ today: IHG-4.2%, DB -2.1%, CS -1.5%, RCL -1.5%, RACE -1.3%, CCL -1.3%, BCS -1%
Other news: CGG -24.8% (following yesterday's rights offering), AMBA -10% (in symp GPRO guidance), AUY -2.2% (provides preliminary 2015 operational results; also downgraded to Equal Weight from Overweight at Barclays),SBUX -0.5% (issues statement on Jarkarta attacks; reports indicate explosion occurred in one of its stores)
Analyst comments: YELP -6.5% (downgraded to Sell from Neutral at B. Riley & Co), NVDA -2.6% (downgraded to Underweight from Equal Weight at Barclays), UBNT -2% (downgraded to Mkt Perform from Outperform at Bernstein)
In reaction to disappointing earnings/guidance: GPRO -26.4%, (lowers Q4 guidance; will cut workforce by ~7%; SVP of Entertainment resigns, takes Board seat), PSG -15.6%, BBY -8.6%, SAR -3.5%, ATML -3.1%, WTR -1.9%
Select EU related names showing weakness with the DAX -2%+ today: IHG-4.2%, DB -2.1%, CS -1.5%, RCL -1.5%, RACE -1.3%, CCL -1.3%, BCS -1%
Other news: CGG -24.8% (following yesterday's rights offering), AMBA -10% (in symp GPRO guidance), AUY -2.2% (provides preliminary 2015 operational results; also downgraded to Equal Weight from Overweight at Barclays),SBUX -0.5% (issues statement on Jarkarta attacks; reports indicate explosion occurred in one of its stores)
Analyst comments: YELP -6.5% (downgraded to Sell from Neutral at B. Riley & Co), NVDA -2.6% (downgraded to Underweight from Equal Weight at Barclays), UBNT -2% (downgraded to Mkt Perform from Outperform at Bernstein)